Excellon Resources Inc T.EXN

Platosa

[Smelvin]

Well, I guess we can presume the shuttered Platosa mine along with the shares, must go north with the price of silver....

I dream of the day when Silver is well over $30 ....and the possible reopening of Platosa?
why not??

can you imagine?

[silverforever]

At over US$30/oz silver Excellon's Platosa mining operations should be able to make a huge profit if Excellon's  management team is as good as they claim. A few years ago Excellon stated it's AISC(all in sustaining cost for every oz of silver) would be under US$15 in the first video link below at the 13:00 minute mark. More details about the importance, short and long term

[Mredwing12345]

Wow ! Four plus years ago this interview was done and soooooooo  many changes. Kilgore is still a great opportunity, simply need to use the money just raised properly and do this RIGHT!!!  

[silverforever]

From my viewpoint the only things that changed is that those who run Excellon stopped doing what they said they would do and shareholders paid them to do, gave 50% of the company away and gold and silver are up huge. Based on article link below, Excellon's stock price should also be at all time highs along with its peers instead of near all time lows.   https://kingworldnews.com

[Mredwing12345]

Your comments about salaries are not accurate as mgmt is now bear bones and salaries were cut and some consultants who stayed on and worked for nothing simply to help protect share price and remaining assets. As a longtime shareholder of both Otis and now Excellon it comes with a heavy heart to admit that the ship is simply floating and is in need already of more money I fear. One or few can

[silverforever]

You have to be kidding right? Excellon Resources CEO Compensation (per Excellon Management information Circular Nov 2023 pg 31)   2022-2023: CEO Shawn Howarth President and CEO and Director $485,186. More than double his peers*.  2022-2023: BOD member Brendan Cahill $143,151. 2021-2022: CEO Brendan Cahill President and CEO $692,684. More than triple his peers*. 

[billm8192]

See Silverforever's June 8 post.  I think that makes clear that Excellon is paying salaries way, way above its peers, and over the past 11 years to say shareholders have not received their money's worth is a classic understatement.  

[Singoa58]

I see trouble ahead 

[billm8192]

Excellon Management has raised less than 2 million in financing and that is not enough to anything but pay their inflated salaries for the next few months!